ALEXANDRIA, Va. (9/3/15 UPDATED 2:30 p.m. ET)--Federally insured credit unions recorded another strong performance in the second quarter or 2015, according to data released today by the National Credit Union Administration.
The National Credit Union Administration applied updates to its Credit Union Locator online tool and built a companion site that allows a deeper dig into a federally insured credit union's information.
ALEXANDRIA, Va. (8/31/15 UPDATED 1:30 p.m. ET)--Credit unions will have the opportunity next year to comment on the methodologies used by the National Credit Union Administration for calculating its overhead transfer rate and operating fee.
Human trafficking, money laundering, trade-based money laundering and terrorist financing all come with their own sets of red flags for financial institutions. In addition, entities such as money services businesses and cash-intensive businesses can be legitimate, but also have potential to be used for illicit activities.